Croatia - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 26, 2024

Croatia - Asparagus - Market Analysis, Forecast, Size, Trends and Insights

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Asparagus Price in Croatia - 2023

Contents:

  1. Asparagus Price in Croatia (CIF) - 2023
  2. Asparagus Price in Croatia (FOB) - 2022
  3. Asparagus Imports in Croatia
  4. Asparagus Exports in Croatia

Asparagus Price in Croatia (CIF) - 2023

In May 2023, the average asparagus import price amounted to $4,909 per ton, declining by -17.7% against the previous month. Over the period under review, the import price, however, showed a notable expansion. The pace of growth was the most pronounced in June 2022 when the average import price increased by 117% against the previous month. Over the period under review, average import prices reached the maximum at $11,315 per ton in February 2023; however, from March 2023 to May 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($25,007 per ton), while the price for Germany ($1,135 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Spain (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Asparagus Price in Croatia (FOB) - 2022

In 2022, the average asparagus export price amounted to $3,581 per ton, reducing by -26.7% against the previous year. Over the period under review, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 125% against the previous year. The export price peaked at $5,680 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($8,986 per ton), while the average price for exports to Slovenia ($3,375 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Asparagus Imports in Croatia

In 2022, purchases abroad of asparagus was finally on the rise to reach 104 tons after two years of decline. Over the period under review, imports, however, recorded a mild decline.

In value terms, asparagus imports expanded markedly to $655K in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Import of Asparagus in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3252162994158.5%
Spain63.694.821511020.0%
Germany17014079.375.4-23.7%
Slovenia15.64.57.729.723.9%
Others24.22.913.323.8-0.6%
Total5994596146553.0%

Top Suppliers of Asparagus to Croatia in 2022:

  1. Italy (73.6 tons)
  2. Spain (14.8 tons)
  3. Germany (10.0 tons)
  4. Slovenia (4.0 tons)

Asparagus Exports in Croatia

In 2022, approx. 53 tons of asparagus were exported from Croatia; increasing by 55% against 2021. In general, exports saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, asparagus exports expanded sharply to $189K in 2022. Overall, exports saw strong growth. The growth pace was the most rapid in 2021 with an increase of 114% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Asparagus in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia27.577.816216481.3%
MontenegroN/AN/AN/A11.00%
Bosnia and HerzegovinaN/AN/AN/A7.60%
SerbiaN/AN/A2.85.6100.0%
Belgium101N/AN/AN/A0%
OthersN/A0.21.71.0123.6%
Total12978.016718913.6%

Top Export Markets for Asparagus from Croatia in 2022:

  1. Slovenia (48.5 tons)
  2. Serbia (1.5 tons)
  3. Bosnia and Herzegovina (1.4 tons)
  4. Montenegro (1.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the asparagus market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 367 - Asparagus

Country coverage:

  • Croatia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Croatia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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